Independent: Energy giant RWE has pulled the plug on plans to develop one of the world's largest offshore wind farms near the north Devon coast amid concerns that political pressure over household bills could stifle investment.
The German group, which also owns Big Six supplier npower, said the costs of the Atlantic Array project in the Bristol Channel were "prohibitive in current market conditions" and it was not the right time to build the proposed farm.
The Government said RWE's decision to shelve...